Ordinance 2433 - Laserfiche WebLink

said bonds and interest ; said bonds shall run for a period of .149 years and shall be in the denomination of five hundred dollars ($500.00) - each, and shall be payable at the office of the City Treasurer of Everett, Snohomish County, Washing- ton, or at the office of the State Fiscal Agency of the State of Washington; said bonds shall be payable out of a sinking fund as • provided by law. Said Special Water Revenue Fund Bonds in the sum of shall be payable out of the revenues of the wa- ter system only, bear interest at the rate of not to exceed six (6) per cent. per annum, payable semi-annually, and payable by the city's setting aside semi-annually out of the said revenues of said water system and paying into Special Revenue Bonds Interest Fund No.3 here- inafter mentioned, a sufficient sum to pay the interest on said bonds as the said interest becomes due, and also by setting aside out of the revenues of said_ water system and paying into Special Water Revenue Bond Fund No. 3 a sufficient sum MOO-annually, beginning with the year after date of issue ' of said bonds, to pay the principal on all of said bonds as the same mature. Said bonds shall be in the denomination of five hundred dollars ( $ 500.00 ) each and shall mature as follows, to-wit : Bonds No. One to / 6 C • , Inc. ,shall be payable on January 1, 1935. Bonds No. 1 / to • 3 .1 0 , Inc. , shall be payable on January 1, 1936. ,/ Bonds No. 3 A l to 44 g 6 Inc. , shall be payable on January 1 , 1937. Bonds No. W €) to E3'0_, 1110. , shall be payable on January 1, 1938. Bonds No. h 4 i to , Inc. ,10 a , Inc. , shall be payable on January 1 , 1939. Bonds No. 1 0 f to iQoa ;'Inc. , sha 11 be payable on January 1 , 1940. r Bonds No. /® O / to - �„ Inc. , shall be payable on January 1, 1941 1